Thule targets high launch pace in 2025 with expanded product categories
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 07 2025
0mins
Source: SeekingAlpha
Company Performance: Thule Group AB reported a 7% revenue growth in Q4 2024, driven by new product launches and the acquisition of Quad Lock, with a record gross margin of 42.7% for the year despite challenges in the RV market and North American demand.
Future Outlook: The company plans to maintain a high launch pace in 2025, focusing on scaling new categories and reducing inventory, while management remains cautiously optimistic about overcoming macroeconomic challenges.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
